CARE PROPERTY INVEST (CPINV.BR) Stock Technical Analysis
EBR:CPINV - Euronext Brussels - BE0974273055 - REIT - Currency: EUR
Overall CPINV gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CPINV was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, CPINV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 12.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.36, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.60
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.27 to 11.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.71 to 10.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.21 to 12.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.02 from a horizontal line in the weekly time frame.
EBR:CPINV (3/26/2025, 5:21:56 PM)
11.94
+0.02 (+0.17%)